Louisville gaming and racing facility named one of America’s best small companies
LOUISVILLE, Ky. (Oct. 28, 2014) — Churchill Downs Inc. ranks #67 on Forbes 100 Best Small Companies in America list for 2014. CDI stands out as the only Kentucky business on the top 100 list, as well as the lone gaming and racing company.
This is the first time Churchill Downs Inc. has appeared onthis Forbes list. The Kentucky Derby ranked #10 this year on Forbes’ Most Valuable Event Brands in Sports. The Derby has consistently been named in the top 10 of this list (2013, 2012, 2011, 2010).
The Forbes 100 Best Small Companies in America list features firms with strong sales and earnings growth. According to the magazine, “the rankings are based on earnings growth, sales growth and return on equity in the past 12 months and over five years.”
They also factored in stock performance versus each company’s peer group during the last year as of Oct. 1.
“Just as the Kentucky Derby has grown into the 21st century, so has Churchill Downs Inc.,” said Bill Carstanjen, CDI’s chief executive officer. “We have worked to ensure its long-term success and heritage while building a solid foundation for future areas of investment and growth. We are proud to be included among the nation’s top small companies.”
“Churchill Downs Inc. has made invaluable investments in the commonwealth,” added Gov. Steve Beshear. “I appreciate their hard work to grow a business and a brand Kentuckians can be proud of. I want to congratulate them on this honor and know we can look forward to many more years of continued success.”